GALXE - GAL/USD - 15 min. - Technical analysis published on 03/16/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 1.63 USD
My targets
1.79 USD (+2.11%)
1.86 USD (+6.46%)
My analysis
GALXE - GAL/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.63 USD. The next resistance located at 1.79 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.86 USD. After this resistance, buyers could then target 1.96 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4
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This analysis was given by Henry07. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GALXE - GAL/USD price is 1.75 USD. On the day, this instrument gained +11.47% and was between 1.54 USD and 1.83 USD. This implies that the price is at +13.64% from its lowest and at -4.37% from its highest.1.54
1.83
1.75
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 15 min. chart of GALXE - GAL/USD indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish doji star
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.60 | 1.66 | 1.71 | 1.75 | 1.79 | 1.93 | 2.20 |
| Change (%) | -8.57% | -5.14% | -2.29% | - | +2.29% | +10.29% | +25.71% |
| Change | -0.15 | -0.09 | -0.04 | - | +0.04 | +0.18 | +0.45 |
| Level | Intermediate | Minor | Minor | - | Major | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.24 | 1.38 | 1.48 | 1.62 | 1.72 | 1.86 | 1.96 |
| Camarilla | 1.50 | 1.53 | 1.55 | 1.57 | 1.59 | 1.61 | 1.64 |
| Woodie | 1.21 | 1.37 | 1.45 | 1.61 | 1.69 | 1.85 | 1.93 |
| Fibonacci | 1.38 | 1.48 | 1.53 | 1.62 | 1.72 | 1.77 | 1.86 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.83 | 1.06 | 1.23 | 1.46 | 1.63 | 1.86 | 2.03 |
| Camarilla | 1.28 | 1.32 | 1.35 | 1.39 | 1.43 | 1.46 | 1.50 |
| Woodie | 0.79 | 1.05 | 1.19 | 1.45 | 1.59 | 1.85 | 1.99 |
| Fibonacci | 1.06 | 1.22 | 1.31 | 1.46 | 1.62 | 1.71 | 1.86 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.89 | 1.37 | 1.79 | 2.27 | 2.69 | 3.17 | 3.59 |
| Camarilla | 1.95 | 2.04 | 2.12 | 2.20 | 2.28 | 2.37 | 2.45 |
| Woodie | 0.85 | 1.36 | 1.75 | 2.26 | 2.65 | 3.16 | 3.55 |
| Fibonacci | 1.37 | 1.72 | 1.93 | 2.27 | 2.62 | 2.83 | 3.17 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 60.92 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 31.14 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 1.67 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.58 | |
| Elder Ray (13): | 0.05 | |
| Super Trend (3,10): | 1.65 | |
| Zig ZAG (10): | 1.70 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 70.00 | |
| TEMA (21): | 1.69 | |
| Williams %R (14): | -45.19 | |
| Chande Momentum Oscillator (20): | 0.09 | |
| Repulse (5,40,3): | 0.4500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1800 | |
| Courbe Coppock: | 10.50 |
| MA7: | 1.57 | |
| MA20: | 1.76 | |
| MA50: | 2.01 | |
| MA100: | 1.64 | |
| MAexp7: | 1.70 | |
| MAexp20: | 1.64 | |
| MAexp50: | 1.61 | |
| MAexp100: | 1.61 | |
| Price / MA7: | +11.46% | |
| Price / MA20: | -0.57% | |
| Price / MA50: | -12.94% | |
| Price / MA100: | +6.71% | |
| Price / MAexp7: | +2.94% | |
| Price / MAexp20: | +6.71% | |
| Price / MAexp50: | +8.70% | |
| Price / MAexp100: | +8.70% |
Quotes :
-
Real time data
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Cryptocompare
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